McKinney, TX

Population

McKinney has a population of 150,064 people,
according to the Census data for 2016. Compared to 2010, this number has
increased by 18,947 people (14.5%), so we
can confidently say that the dynamics of
the population
growth are positive. If you compare the rate of population growth with the nearest cities, such
as Grand Prairie or Mesquite, you will find that these cities
have a
population growth of 8,104 and a growth of 3,760 people, respectively (4.6%
and 2.7% correspondingly)

Race and Ethnicity

Median Household Income

The McKinney median household income is $81,459 (according to the US Census Bureau records for 2016 ).
A household income is one of the easiest to understand statistical indicators that is used to evaluate the economy of the city.
Simply put, it is calculated by summarizing incomes of all adult members of the household.
In comparison with the data for year 2010, this figure has decreased by $435 (0.5%).
Compared with the neighboring cities, the median household income in McKinney is lower than in Wylie ($81,799),
but greater than in Lake Kiowa ($79,205).
The median household income in Texas is $53,207 (34.7% lower than in McKinney)

Median Property Value

The median property value in McKinney is $205,400 (based on US Census Bureau data
for 2016).
This means that half of the houses in the city are more expensive than this figure, and half of other houses are less.
In 2010, the property value was estimated at $186,400 (making an increase of $19,000 or 10.2% in 6 years).
Here is what the housing market looks like in nearby cities: median property price in Allen is
$220,500, in Melissa — $200,600.
Median property value in Texas is $136,000

Poverty Rate

A poverty rate is one of the key economic indicators. It shows the proportion of the population whose income
is less than the poverty line in the area. The lower the number is, the more prosperous the life of society is.
The current poverty rate in McKinney is 6.1%. In the neighboring cities,
this figure is as follows: in Sanger, 6.1% of the
population live below the poverty line, in Richardson — 5.7%.
The poverty rate in Texas is 13.45%. Based on such indicators as the poverty rate, we assume that
life in McKinney is slightly better than the average for the state.

Median Gross Rent

The median gross rent in McKinney is $1,131 a month (as of 2016).
In 2010, this figure was lower — $1,031/mo
(-9.7%).
Please note, gross rent may include not only the rent payments, but also utility bills and some other building costs.
The median gross rent in the state of Texas is lower at
$882 per month (again, data for 2016).
The following median gross rent was registered in the neighboring cities: renters in Richardson pay
$1,131/mo, in Royse City — $1,121/mo.

Rent Burden

The rent burden in McKinney is 27.9% (2016).
Rent burden shows what proportion of the household income is spent on rental housing. This data is useful in estimating
the housing affordability in the city. Rent burden in McKinney is lower than in the state of Texas,
where the rent burden is 29.3%. In neighboring cities, the situation is as follows:
rent burden is 27.9% in Southmayd,
and in Quinlan — 27.8%.

Share of Renter-Occupied Housing

32.9% of housing units in McKinney are occupied by renters (2016).
A housing unit means a house, an apartment, a mobile home, a room or any other structure that is used for habitation.
In 2010, the share of renter-occupied housing units was lower — 29.1%.
It seems that now more people live in rented houses in McKinney than before.
Neighboring cities have the following shares of renter-occupied housing units: Blue Ridge (34.1%), Collinsville (32.5%).

Renter Occupied Households

There are 17,303 renter occupied households in McKinney (2016).
This is just a rough estimation based on Census and ESRI demographic data. Since 2015, the number of such type of households has
increased by 5% (17,303 households
in 2016 vs. 16,559 in 2015).
Nearby cities have the following renter-occupied housing unit numbers: there are 19,143 households in Carrollton, 16,648 units in Richardson.

Evictions

There were 317 evictions reported
in McKinney in 2016.
Here are how many evictions were made in nearby cities in 2016 : 376 evictions from housing were made in Grand Prairie, 262 in Euless.
Reasons for evictions can be different-code violations, violations of the terms of the lease, etc. But often the main reason is the failure to pay the rent on time. That is why a large
number of evictions (especially when there is a tendency to increase this number) may indicate a deterioration of the economy.

Eviction Filings

The total number of eviction cases that were registered in the McKinney in 2016 is 1,283.24.
Please note that some addresses may have multiple eviction cases during the year. Compared to the neighboring cities, McKinney has less eviction cases than Carrollton
(1,405.78 filings in 2016),
more eviction cases than Denton
(1,139.47 filings).

Featured Addresses

1216 Big Bend Drive Four companies were registered at this address, including The Housing Guy LLC, Awo-omamma Patriotic Organization (apo) INCorporated. Two entities are associated with this address: Festus C Okolie, Festus Okolie. Semicron Systems INC linked to this address via UCC filing. The parcel owner name was listed as Head-way LLC

2580 Collin McKinney Parkway Four companies were registered at this address, including Kkh Medical Transportation LLC, Swing City Auction Company LLC. Jared C Bowcutt is associated with this address. Derek S Humphreys linked to this address via UCC filing. The parcel owner name was listed as Whatley Wayne K

10570 Rose Garden Court Two companies were registered at this address, including Java J Haus INC, Atoms Five LLC. Abdul Q Shariff is associated with this address. Three names, including Talat S Shariff, Abdul Q Shariff linked to this address via UCC filings. The parcel owner name was listed as Shariff Sabih J & Talat S

2760 Virginia Parkway Four companies were registered at this address, including Jtor Investments LLC, Dr Vicki Seidmeyer Family Practice A Professional Association. Byron Victor Wallace is associated with this address. Overnight Sleep Analysis LLC linked to this address via UCC filing. The parcel owner name was listed as Jtor Investments LLC

600 Meandering Way Four companies were registered at this address, including Pollard Holdings LTD, Maverick Builders INC. Jim Pollard is associated with this address. Maverick Builders INC linked to this address via UCC filing. The parcel owner name was listed as American Homestead LTD

100 Affirmed Lane Two companies were registered at this address, including Three Brothers Restaurants LLC, Gravity Mixing LLC. Two entities are associated with this address: Festus C Okolie, Festus Okolie, Eric Edward Benavides, Eric Benavides. Two names, including Jump N Play LLC, David John Askins linked to this address via UCC filings. The parcel owner name was listed as Willowbrook Real Estate Group LLC

107 Westwood Circle Three companies were registered at this address, including Arc Leasing & Holdings I LLC, Raymond Ventures & Acquisitions INC. Casey D Raymond is associated with this address. Griffin Grain INC linked to this address via UCC filing. The parcel owner name was listed as Arc Leasing & Holdings I

5913 Hidden Pine Lane Two companies were registered at this address, including 506 Investment LLC, Fdx Logistics LLC. David Chege is associated with this address. Two names, including Moses Wambugu Ndungu, Fdx Logistics LLC linked to this address via UCC filings. The parcel owner name was listed as Kamanu Miriam W

1904 West White Avenue Three companies were registered at this address, including Thor Investments INC, Thor Brookwood Mckinney Corp. Thor Brookwood Mckinney Corp is associated with this address. Brookwood Mckinney Lp linked to this address via UCC filing. The parcel owner name was listed as Thor Corp

All Addresses

This is a list of addresses in McKinney with information about local companies or construction work going on there

Sources and Citations

This research uses data from The Eviction Lab at Princeton University, a project directed by Matthew Desmond and designed by Ashley Gromis, Lavar Edmonds, James Hendrickson, Katie
Krywokulski, Lillian Leung, and Adam Porton. The Eviction Lab is funded by the JPB, Gates, and Ford Foundations as well as the Chan Zuckerberg Initiative. More information is found at evictionlab.org

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